Global Fastener News

5/8/2013 1:48:00 AM
FEATURE

Demand for U.S. fastener exports rose in March, countering declines the previous month, according to data released by the U.S. Census Bureau.
Following a 2% decline in February, exports of U.S.-produced fasteners rose 10% to $302.4 million in March, driven by gains in China and the UK, Zepol reports.

The top five consumers of U.S. fastener exports in March were Canada (up 9.1% month-to-month to $91.8 million); Mexico (up 0.02% to $83.65 million); the UK (up 10.8% to $14.4 million); China (up 19% to $11.43 million); and Brazil, which replaced France as the fifth-highest importer of U.S. fasteners at $10.8 million.

For the second straight month fastener imports to the U.S. dropped in March, with imports down 2% to $344.6 million after falling 10% in February.

The top five countries importing fasteners to the U.S. in March were Taiwan (down 8% month-to-month to $97.7 million); Japan (up 4.5% to $65.1 million); China (down 20% to $59.3 million); Germany (up 7.6% to $23.4 million); and Canada (up 18.4% to $21 million).

This data was derived from Zepol’s trade intelligence tool, TradeView™, using U.S. import and export trade data released by the U.S. Census Bureau in the Merchandise Trade dataset.

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